Eternal Power GmbH started to work on hydrogen technology 5 years ago.
Published
Signal category
Research & Knowledge
Quote
“Eternal Power GmbH started to work on 5 years ago.”
— Moritz Schwencke|Eternal Power GmbH team
Company
Eternal Power GmbH
Mass production of green hydrogen and derivatives at low and decreasing costs to decarbonize our energy system.
- Industry
- Renewable Energy Semiconductor Manufacturing
- Location
- Hamburg, DE
- Company size
- 11 employees
With Eternal Power, we are addressing one of the major challenges and bottlenecks of the nascent hydrogen sector: The global mass production at competitive, decreasing production costs – running down the cost curve like successfully achieved in the past with PV and Onshore Wind in order to decarbonize hard-to-abate industries such as steel, chemicals, shipping and aviation. With that, we are on a “fast track” for decarbonization by 2026 in a sector that is seen to reach at least 1.6 trillion US$ annual market size by 2050.
Founded 2021